136 E Colonial Court 76, Indian Harbour Beach, FL 32937 (MLS# 959796)

136 E Colonial Court 76, Indian Harbour Beach, FL 32937

$195,000

Virtual Tour

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Virtual Tour

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Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,088 Lot Size (sq. ft.): 2,178 Status: Closed

Current Price: $195,000 List Date: 3/16/2023 Last Modified: 10/19/2024

Overview

Description

Investors, now is your chance to own a beachside condo at a $50k discount to market value. This 2 bdrm/1.5 bath townhouse is fully furnished and tastefully decorated in a coastal theme. Hurricane shutters, hardwood floors in the bedrooms. Only 1 block to the beach, this property can earn $1800 per month for less than $200k. Hard to find in today's market...why? The Jamestown Condo in Indian Harbour Beach was built in 1964 and the association is in the process of changing the facade of every building. This $20k+ assessment has been priced into this sale. The $881 monthly assessment is accounting for new insurance requirements. If you are a numbers person and long-term investor, you may see the value in this long-term growth and income investment.

Listing Details MLS# 959796

General Property Information

Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: Yes
Bathrooms Half: Yes
Living Area: 1088
Living Area Source: Public Records
Building Area Total: 1088
New Construction YN: No
Year Built: 1964
Garage YN: No
Carport YN: Yes
Carport Spaces: Yes
Lot Size Acres: 0.05
Lot Size Square Feet: 2178
Association YN: Yes
Association Fee: 881
Association Fee Frequency: Monthly
Association Name: Southern States Management Group
Association Phone: 386-446-6333
Property Use: 04 / CONDOMINIUM UNIT
Water Body Access YN: No
Waterfront YN: No
Furnished: Furnished
Stories Total: Yes
Entry Level: Yes
Direction Faces: East
Senior Community YN: No
Pool Private YN: No
List Price/SqFt: 183.73
Sold Price/SqFt: 179.23
Garage Spaces: 0

Property Features

Appliances: Dishwasher; Electric Range; Electric Water Heater; Microwave; Refrigerator Architectural Style: Patio Home; Villa Association Amenities: Car Wash Area; Laundry; Maintenance Grounds; Maintenance Structure; Management - Full Time; Management - Off Site; Pool; Shuffleboard Court; Storage Association Fee Includes: Cable TV; Insurance; Pest Control; Trash; Water Construction Materials: Brick; Stucco Cooling: Central Air Fencing: Fenced; Wood Flooring: Tile; Wood Heating: Central; Hot Water Interior Features: Ceiling Fan(s); Walk-In Closet(s) Levels: Two Listing Terms: Cash Parking Features: Carport Possession: Close Of Escrow Rental Restrictions: 1 Month Road Surface Type: Asphalt Roof: Shingle; Other Sewer: Public Sewer Showing Requirements: Appointment Only; Lockbox; Showing Service Special Listing Conditions: Standard View: Pool Water Source: Public Waterfront Features: Ocean Access

Contract Information

Original List Price: 199900
Listing Contract Date: 2023-03-15
Property Sub Type: Condominium

Location Tax and Legal

Street Number: 136
Street Direction Prefix: E
Street Name: Colonial
Street Suffix: Court
County: Brevard
State: FL
Postal Code: 32937
MLS Area Major: 382-Satellite Bch/Indian Harbour Bch
Subdivision Name: The Jamestown Condo

Remarks and Miscellaneous

Public Remarks: Investors, now is your chance to own a beachside condo at a $50k discount to market value. This 2 bdrm/1.5 bath townhouse is fully furnished and tastefully decorated in a coastal theme. Hurricane shutters, hardwood floors in the bedrooms. Only 1 block to the beach, this property can earn $1800 per month for less than $200k. Hard to find in today's market...why? The Jamestown Condo in Indian Harbour Beach was built in 1964 and the association is in the process of changing the facade of every building. This $20k+ assessment has been priced into this sale. The $881 monthly assessment is accounting for new insurance requirements. If you are a numbers person and long-term investor, you may see the value in this long-term growth and income investment.

Status Change Information

Major Change Timestamp: 2023-04-21T18:39:04Z
Major Change Type: Status Change
Status Change Timestamp: 2023-04-21
Purchase Contract Date: 2023-03-18
Close Date: 2023-04-21
Close Price: 195000

More Information

Closing Company Details

Closing Company Name: A1A Beachside Title, attn: Gail Gilbert
Closing Company Address: 1980 N Atlantic Ave # 305, Cocoa Beach, FL 32931

Legal Details

Permission Granted to Advertise: Yes

Pets Allowed

Total Number Of Pets: Yes

Historical Information

Public Historical Remarks 2: Dwelling View-Garden: Y

Location, Tax, and Legal

Unit Number: 76
Tax Account: 2714072
Parcel Number: 27-37-12-00-00545.6-0000.00
General County Location: South
Elementary School: Ocean Breeze
Middle School: Hoover
High School: Satellite
Tax Annual Amount: 2253.53
Tax Year: 2022
Tax Legal Description: THE JAMESTOWN CONDO UNIT 76 THE JAMESTOWN CONDO AS DESC IN ORB 2001 PG 581 AND ALL AMENDMENTS THERETO.
Directions: A1A to west on Palm Springs Parkway, south on Jamestown Pkwy, East on North Colonial and south on E Colonial Ct to unit 136.

Appliances

Dishwasher: Yes
Electric Range: Yes
Electric Water Heater: Yes
Microwave: Yes
Refrigerator: Yes

Architectural Style

Patio Home: Yes
Villa: Yes

Association Amenities

Car Wash Area: Yes
Laundry: Yes
Maintenance Grounds: Yes
Maintenance Structure: Yes
Management - Full Time: Yes
Management - Off Site: Yes
Pool: Yes
Shuffleboard Court: Yes
Storage: Yes

Association Fee Includes

Cable TV: Yes
Insurance: Yes
Pest Control: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Construction Materials

Brick: Yes
Stucco: Yes

Cooling

Central Air: Yes

Fencing

Fenced: Yes
Wood: Yes

Flooring

Tile: Yes
Wood: Yes

Heating

Central: Yes
Hot Water: Yes

Interior Features

Ceiling Fan(s): Yes
Walk-In Closet(s): Yes

Levels

Two: Yes

Listing Terms

Cash: Yes

Parking Features

Carport: Yes

Possession

Close Of Escrow: Yes

Road Surface Type

Asphalt: Yes

Roof

Shingle: Yes
Other: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Standard: Yes

View

Pool: Yes

Water Source

Public: Yes

Waterfront Features

Ocean Access: Yes

Showing Requirements

Appointment Only: Yes
Lockbox: Yes
Showing Service: Yes

Rental Restrictions

1 Month: Yes

Listing Office: RE/MAX Aerospace Realty

Last Updated: October - 19 - 2024

Information is deemed to be reliable, but is not guaranteed.